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$1,299,900
Available - For Sale
Listing ID: S9245066
Great investment opportunity in the Bustling Barrie Core in a prime location steps to the GO! This fully occupied property is perfect for investors, business owners and developers alike with its potential for future condo projects. This updated property is zoned for both commercial and residential use, offering various development possibilities and an excellent work-from-home location. Conveniently situated near downtown amenities, this property includes a 3,240 sq ft retail storefront and a 660 sq ft live-in loft apartment on the third floor. The loft apartment has two bedrooms, three skylights, and rents for $1,700+. The house provides 3,900 sq ft above ground, with a full basement and a 400 sq ft garage offering loads of storage. Parking is available for 17 cars, with 2 spaces out front. The property has seen many upgrades, including a new gas furnace in 2019, a new roof in 2018, and a Unilock front walkway in 2017. A very well-kept property, with a lucrative cap rate, current owner has been here for 28 years and open to continuing business while new tenants are brought in, providing extra income for any buyer.
Price $1,299,900
Taxes: $15,640
Tax Type: Annual
Occupancy by: Owner
Address: 169 Bayfield St , Barrie, L4M 3B4, Ontario
Postal Code: L4M 3B4
Province/State: Ontario
Legal Description: PT LT 23 E/S BAYFIELD ST PL 31 BARRIE AS
Lot Size: 63.29 x 154.35 (Feet)
Directions/Cross Streets: Wellington /Bayfield
Zoning: C2-1
Category: Retail
Use: Other
Building Percentage: Y
Total Area: 9,741.33
Total Area Code:  Sq Ft
Retail Area: 3240
Retail Area Code: Sq Ft
Financial Statement: N
Chattels: N
Franchise: N
Days Open: 5
Sprinklers: N
Truck Level Shipping Doors #: 0
Double Man Shipping Doors #: 0
Drive-In Level Shipping Doors #: 0
Grade Level Shipping Doors #: 0
Heat Type: Gas Forced Air Open
Central Air Conditioning: Y
Elevator Lift: None
Water: Municipal
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
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Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX WEST REALTY INC.

169 Bayfield St , Barrie, L4M 3B4, Ontario


 
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At a Glance:
Type: Com - Commercial/Retail
Area: Simcoe
Municipality: Barrie
Neighbourhood: City Centre
Style:
Lot Size: 63.29 x 154.35(Feet)
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Tax: $15,640
Maintenance Fee: $0
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